Lumby and Jones return for a ninth edition of the bestselling Corporate Finance, combining clarity with clout. The strong theoretical approach that underpins the text is enhanced with a range of real world examples putting the models and frameworks into perspective.

Packed with diverse examples and problems, this landmark text provides a comprehensive introduction to the subject of corporate finance in an accessible yet rigorous style.

Part I: INTRODUCTION.
1. Financial Decision Making.
2. Decision Objectives.
Part II: INVESTMENT DECISIONS.
3. Traditional Methods of Investment Appraisal.
4. Investment–Consumption Decision Model.
5. The Discounted Cash Flow Approach.
6. Net Present Value and Internal Rate of Return.
7. Project Cash Flows.
8. Capital Rationing.
Part III: RISK ANALYSIS.
9. Simple Risk Techniques.
10. Risk and Return.
11. Portfolio Theory.
12. The Capital Asset Pricing Model.
13. Option Valuation.
14. Interest Rate Risk.
Part IV: FINANCING DECISIONS.
15. Financial Markets.
16. The Cost of Capital.
17. Weighted Average Cost of Capital.
18. Capital Structure in a Simple World.
19. Capital Structure in a Complex World.
20. Investment and Financing Interactions.
21. The Dividend Decision.
Part V: INTERNATIONAL ISSUES.
22. Foreign Exchange.
23. Foreign Exchange Hedging.
24. Foreign Direct Investment.

Lumby and Jones return for a ninth edition of the bestselling Corporate Finance, combining clarity with clout. The strong theoretical approach that underpins the text is enhanced with a range of real world examples putting the models and frameworks into perspective. Packed with diverse examples and problems, this landmark text provides a comprehensive introduction to the subject of corporate finance in an accessible yet rigorous style. A clear and readable style with accessible visual representations of concepts. Quiz questions to test recall and understanding of key themes. Examination-style problems to test full comprehension at examination standard. Fully updated and revised to incorporate the latest developments and standards in corporate finance Introduction of Real World Views to put the theories into perspective, encapsulating a wide range of territories and examples. Enhanced accompanying online resources, including additional problems and study tools.